The Bank of Canada (BoC) interest rate decision may keep USD/CAD afloat as the central bank is expected to adjust its approach in combating inflation.
Kategorie-Archiv: Forecasts
Euro ( EUR) Forecast – The ECB Needs to Ramp Up Interest Rates and Fast
The European Central Bank needs to hike interest rates by 75 basis points at next week’s meeting and confirm that it will continue to tighten monetary policy to throttle back runaway inflation.
Gold Prices Set to Move Higher in the Week Ahead After NFP Data Cools FOMC Bets
Gold prices fell last week but managed to trim losses on Friday after the US jobs report cooled FOMC rate hike bets, pushing Treasury yields lower. A light economic docket may extend XAU’s Friday g…
USD Weekly Forecast: Solid Jobs Report Supportive of U.S. Dollar and 75bps Rate Hike
USD enters the week on a firm footing as the US Dollar Index (DXY) anticipates the ECB interest decision on Thursday.
Bitcoin & Ethereum Forecast for the Week Ahead
Bitcoin struggles to gain topside traction. Ethereum is vulnerable to a Merge buy the rumour, sell the fact
Australian Dollar Outlook: Data is Mixed but Lead Looks Ominous
The Australian Dollar has tanked in the aftermath of a hawkish Federal Reserve and Chinese growth concerns ahead of the RBA meeting. Will higher interest rates boost AUD/USD?
Gold Price Forecast: Gold Holds Support as Silver Slides to Two-Year Lows
Gold and Silver have suffered big blows throughout the year as USD strength continues to run. In Gold, the $1700 level came in as key support this week – but can it hold for long?
Weekly Fundamental Gold Price Forecast: Real Rates Problematic Again
Gold prices had a relatively tame week despite sharp losses on Friday. More concerning is the renewed push higher by real yields in developed economies.
Markets Week Ahead: Nasdaq 100, S&P 500, US Dollar, Gold, Fed, China PMI, Volatility
The Nasdaq 100 and S&P 500 faltered as market volatility returned. Hopes of a Fed pivot were increasingly extinguished by Chair Jerome Powell. The US Dollar gained as gold suffered. Now, all eyes t…
Dow Jones and S&P 500 Cratered on Powell Comments – APAC and EU Stocks Likely to Follow
The Dow Jones Industrial Average and S&P 500 cratered after Fed Chair Powell’s Jackson Hole speech. Asian and European stocks are likely to feel the pressure this week.